Topic: PRG - My experience investing in Paragon Coin ICO (Read 145 times)

update: The founder behind the this project is actually Egor Lavrov, and not his wife Jessica and has a very shit reputation.
https://www.youtube.com/watch?v=yxZ1TBzv_SM look at these goose's

He's also no stranger to the US County for beating his ex wife https://mugshots.com/US-Counties/Florida/Miami-Dade-County-FL/Egor-Lavrov.68139389.html

The scam shillers are so insecure and defensive they copied and pasted the same regurgitated crap on a non related coin i was discussing elsewhere LOL!
look at his army of reddit shillers
https://i.redd.it/9tw0ytbwe8821.jpg

and I'm the one who copy and pastes LOL
https://i.redd.it/y0y39ctze8821.jpg


The one thing I've noticed all scam coins have in common is sh1t all source codes and fat wallet holders.

Fat Wallets: https://neironix.io/cryptocurrency/paragon/holders Top 50 wallets have captured 95% of the token cap!

Lacking Source Code:
https://github.com/paragon-coin/token last updated 16 Sep 2017
https://github.com/paragon-coin/supply-tracking-demo last updated 11 Mar 2018

If dev's weren't so lazy and concentrated on the source code rather than neglecting it, there wouldn't be complaints made from investors saying I can't withdraw coins form my wallet.
But that doesn't matter cause its a scam

ABOUT THE WASH TRADING

scam wallets ending with token amount "966754" with multiple, I repeat MULTIPLE wallets god knows how many? this is just a few of the ones listed below worth mentioning I saw a ton more with small amounts this is not a coincidence this how wash trading works. Clearly this would explain the massive pump and massive dump.

I suspect there are other wash trading scams ending in other numbers but these are the ones that i found

https://etherscan.io/token/0x7728dfef5abd468669eb7f9b48a7f70a501ed29d?a=0x28df75218e67f6d2b292484a34ce84731b6e26af

"SCAM holder 0x28df75218e67f6d2b292484a34ce84731b6e26af"

https://etherscan.io/token/0x7728dfef5abd468669eb7f9b48a7f70a501ed29d?a=0x34de3a2307a1f5fbf800c246e75c4e7fbe8c9081

"SCAM Holder 0x34de3a2307a1f5fbf800c246e75c4e7fbe8c9081"

https://etherscan.io/token/0x7728dfef5abd468669eb7f9b48a7f70a501ed29d?a=0xa6ea9b90d0a63a694053f731402e4e5bb3e01a74

"SCAM Holder 0xa6ea9b90d0a63a694053f731402e4e5bb3e01a74"

https://etherscan.io/token/0x7728dfef5abd468669eb7f9b48a7f70a501ed29d?a=0xcf41c3342e9859d628482713ca08b8f9d17d559b

"SCAM Holder 0xcf41c3342e9859d628482713ca08b8f9d17d559b"

If you want to see more go to the block explorer https://etherscan.io/token/0x7728dfef5abd468669eb7f9b48a7f70a501ed29d and notice that number ending in 966754.

My Theory

Seeing as these guys have been busted by SEC and are in the process of refunding investors (yet to be processed) a pump and dump would be the most strategic thing to do from a scammers point of view (certainly not me but this seems quite logical) with of course the help of wash trading as we've noticed above taking a fat piece of the market cap with them and the remaining measly amount to divide and refund to the remaining investors (the devs do hold like a large majority of the coins).

https://www.sec.gov/news/press-release/2018-264 Paragon under SEC investigation naughty naughty
https://globenewswire.com/news-release/2018/02/01/1330488/0/en/SHAREHOLDER-ALERT-Levi-Korsinsky-LLP-Notifies-Investors-in-Paragon-Coin-Inc-s-Initial-Coin-Offering-of-a-Class-Action-Lawsuit-and-a-Lead-Plaintiff-Deadline-of-April-2-2018.html looks like its not the first time they've been in trouble

I've since messaged the SEC to reopen there investigation and to closely watch there wallets.
https://i.imgur.com/KmFDct0.jpg

They even threatened me I guess that's what it resorts to when they have no valid counter argument. Absolutely pathetic.
Ladies & Gentlemen I believe this might be the end of Paragon Coin

for more unbias articles about this scam coin:

https://medium.com/@m_argana/paragon-is-a-total-scam-that-does-not-deserve-serious-consideration-or-analysis-9f720266b2e2
https://www.reddit.com/r/ethtrader/comments/6w60wr/paragoncoin_is_a_scam_where_did_that_post_go/

The shittiest part is that they are walking around with millions enjoying life on investor money lmao

omg thats Gold

There is actually a leak of the CEO naked in the shower. Some dude paid to smash her lmao.

NSFW:
https://imgur.com/a/fEdCsvz

That is true. Just really sucks to throw away money into the hands of a bunch of scammers. smh

Sorry for your loss but you have bought a real experience.

Sorry to hear but you got taken to the cleaners. Anytime I see a negative Verified ICOs post, I stay away. With PRG basically every unbiased review site saw this coming.

One of my first mistakes as a rookie was investing in this shit coin. I had put in 10 grand at the time and ETH basically went 5x shortly after. Made these guys lots of money while I have bag held a piece of crap useless and worthless token.

Let this be a lesson to always do due diligence before investing, I unfortunately didn't until after I contributed and these guys just bought real estate and are enjoying life lmao. Raised 70 million, thats 5x more than Ethereum for a token...

Dreamscape Capital Opinion:
https://medium.com/@dreamscape/meet-paragon-coin-a-staggering-95-loss-to-investors-since-ico-c957c152e73b

Picolo Research:
https://picoloresearch.com/26/paragon-pgn

Verified ICOs:
https://www.verifiedicos.com/ico/paragon-coin